Recently, the International Finance Forum (IFF) held its 20th annual global conference with the theme "New Capital, New Value, New World: Revitalization and Cooperation in the Fragmented Global Economy." During the event, the fourth IFF Global Green Finance Awards were announced, and Baidu was honored with the "Annual Award" for its proactive actions and leadership in promoting energy conservation, carbon reduction, environmental protection, and green social development through green bonds.

In 2021, Baidu announced its goal to achieve carbon neutrality at the group level by 2030. In the same year, it established a Sustainable Finance Working Group and released the Baidu Sustainable Finance Framework to support its vision of green and sustainable development along with its business strategy. Aligned with the United Nations Sustainable Development Goals, Baidus sustainable development bonds have made continuous contributions to ten sustainable topics, such as affordable clean energy, sustainable cities and communities, and good health and well-being.

In the future, adhering to the vision of "becoming a globally top-tier high-tech company that understands users better and helps people grow," Baidu aims to leverage its technological capabilities to empower businesses and the public in their low-carbon transformations. The company sees helping society achieve the "Sustainable Development Goals" as its next market opportunity and is willing to contribute Baidus technological prowess to the worlds efforts in combating climate change.

More details about Baidu Sustainable Finance Framework can be found in: Baidu Sustainable Finance Framework

The International Finance Forum (IFF) is an independent, non-profit, non-governmental international organisation founded in October 2003, and established by financial leaders from more than 20 countries and regions, including China, the United States, the European , emerging countries and leaders of international organisations such as the United Nations, the World Bank and the International Monetary Fund (IMF). The IFF is a long-standing, high-level platform for dialogue and communication and multilateral cooperation and has been upgraded to F20 (Finance 20) status. This years IFF Global Green Finance Award focused on institutions and practices worldwide that had achieved outstanding results in promoting green transformation, addressing climate risks, and achieving sustainable goals utilizing financial means.